Investors Urged to Vet Private Credit Managers After ASIC’s ‘more failures’ Warning
23 Apr 2025
Investors in private credit funds are being warned to closely scrutinise the valuation methodologies being used by managers operating in the booming sector, amid growing expectations of an uptick in troubled loans as the broader economy falters. Private credit funds managed $148.6 billion at the end of 2024, according to ASIC, up 161% over the...